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Headline News

SMPF to open Laguna facility in 2019

2018-02-18 bworldonline
SAN MIGUEL Pure Foods Company, Inc. (SMPF) is on track to complete a new manufacturing facility that will produce ready-to-eat products in Laguna by the first quarter of 2019. (4-0)

Maharlika Pilipinas Basketball League teams rise to 10 as Quezon City, Imus make last-minute entry

2018-01-21 bworldonline
QUEZON CITY and Imus have become the latest inclusion in the growing Maharlika Pilipinas Basketball League (MPBL) family, becoming the ninth and 10th member, respectively. (1-0)

PureFoods open to make tender offer to Ginebra shareholders

2018-01-18 business.inquirer.net
San Miguel PureFoods Co. Inc. will launch a tender offer to minority shareholders of Ginebra San Miguel, one of the companies to be consolidated into this company, if required by the Securities and Exchange Commission (SEC). (20-0)

SMC food unit to conduct follow-on offering by Q2

2018-01-18 bworldonline
SAN MIGUEL Food and Beverage, Inc. (SMFBI) looks to conduct a follow-on offering by the second quarter of 2018 in order to meet the minimum public float of 15%. (23-0)

SMC folding packaging business into PureFoods

2017-11-22 business.inquirer.net
The San Miguel group plans to infuse its packaging business into consumer arm San Miguel PureFoods Co. Inc.—which will be renamed San Miguel Food and Beverage Inc.—to complete the consolidation of its traditional businesses under one roof. (25-0)

SMC to sell 30% of food, beverages business

2017-11-22 philstar
MANILA, Philippines — The consolidated company for the food and beverage businesses of San Miguel Corp., the diversified conglomerate, will sell up to 30 percent to foreign investors to raise roughly $3 billion which could fund a war chest for future investments. (28-0)

San Miguel planning to merge packaging unit with SMFBI in the future

2017-11-22 bworldonline
SAN MIGUEL Corp. (SMC) is looking to consolidate its packaging business into newly formed San Miguel Food and Beverage Inc. (SMFBI) in the future. (23-0)

San Miguel Results Emphasize The Company's Promising Future

2017-11-16 seekingalpha
San Miguel (OTCPK:OTCPK:SMGBY) has released excellent Q3 results. They reinforce the company's attraction for those who want to invest in an Emerging Markets stock. The largest company by sales in the Philippines has shown again that its diversification has worked across its divisions. It is well placed to continue to benefit from the broad growth in the Philippines economy. (25-0)

San Miguel boosts profit 21% to P43.8 B

2017-11-11 philstar
MANILA, Philippines — Diversified conglomerate San Miguel Corp. reported a recurring net income of P43.8 billion during the first nine months, up 21 percent year on year. (20-1)

San Miguel group core net profit jumps 21%

2017-11-10 business.inquirer.net
Conglomerate San Miguel Corp. posted P43.8 billion in core net profit in the first nine months, 21 percent higher year-on-year, on higher earnings from its oil, food, beverage and packaging businesses. (23-0)

More holding firms turn in positive results

2017-11-10 bworldonline
FIVE MORE conglomerates reported favorable results on Friday, firming a generally positive picture of listed holding companies in the third quarter and the nine months to September. (52-0)

SMC nets P43.8B

2017-11-10 business.inquirer.net
Conglomerate San Miguel Corp. posted P43.8 billion in core net profit in the first nine months, 21 percent higher year-on-year, on higher earnings from its oil, food, beverage and packaging businesses. (4-0)

Stock index adds 0.13%

2017-11-09 business.inquirer.net
The local stock barometer yesterday moved closer to record-highs as investors digested a string of local corporate earnings reports. (25-0)

PSEi nears record highs

2017-11-09 business.inquirer.net
The local stock barometer moved closer to record-highs on Thursday as investors digested a string of local large-cap corporate earnings results. (25-0)

SMC consolidates food, beverage units

2017-11-06 philstar
MANILA, Philippines — San Miguel Corp. is consolidating its food and beverage businesses into San Miguel Pure Foods Co. which will be renamed as San Miguel Food and Beverage Inc. (28-1)